Metro officials want permission to borrow $220?million to cover a loan coming due in October, as the transit agency continues struggling under restrictions imposed last year after a federal audit found numerous instances of financial mismanagement.

At a time when some Washington-area officials have become increasingly skeptical of the way the Washington Metropolitan Area Transit Authority handles its money, the agency’s chief financial officer plans to ask Metro’s board of directors on Thursday to allow him to seek the short-term loan.

Metro already is juggling several large, short-term loans, borrowed largely to make up for federal grant money that has been slow in arriving. The Federal Transit Administration, which completed the audit in March 2014, has been limiting Metro’s access to grant money until the agency fixes the problems described in the scathing financial report.

Tuesday, D.C. Council Chairman Phil Mendelson (D) called a meeting between Metro board leaders and D.C. Council members in his office to relay concerns about how the transit agency’s financial troubles are being handled. And Wednesday, council member Elissa Silverman (I-At Large) hammered Metro leaders at a public oversight hearing, accusing the board of failing to hold individuals accountable for its financial lapses or to provide a “clear picture” of the agency’s financial state.

“It’s an incredible lack of management for such an important public agency. Yet no one seems to be held accountable for it,” said Silverman, a member of the council’s finance and revenue committee. She also described Metro as an agency “lurching from crisis to crisis.”

How Do Payday Loans Work?

One of the worst kinds of debts out there that debtors can obtain, is that of the payday loans. So why are payday loans so bad? Well for starters they may be able to charge you interest at an annual percentage rate of 1900%! Although most people take out loans with the intention of paying off their loan for on their next pay date, the payday loan companies are banking on that you will not need to make that payment. In fact they are betting on you having to take out an additional loan in order to cover the first loan. As Sara Silverman says in the video above, if you are thinking about obtaining a payday loan you should stop yourself and do anything else.

Payday loan companies are some of the most unregulated businesses out there and they are not trying to help you out and you will end up digging a hole for your self that you may not be able to recover from which may force you into filing for bankruptcy. The good news is that payday loans are dischargeable in bankruptcy, but don’t make the payday loan the reason for having to file for bankruptcy.

Also debtors should know that payday loan companies can be found locally in the Seattle metro area as well as online. The online companies you really have to watch out for as they are not bound by the laws of the United States and have been known to harass my clients even after they have filed for bankruptcy because they are overseas or on some foreign island where they won’t be subjected to U.S. law. Further I have even had former bankruptcy clients complain that they are being harassed by debt collectors who claim they owe a debt, but in fact this debt would have been discharged in the bankruptcy. These companies turned out to be scams and I can only imagine these people data was compromised from an overseas payday loan company. If you have to do it, take out the loan with a local company, but any payday loan is not advisable.

If you have additional questions regarding payday loan debt, give Symmes Law Group a call at 206-682-7975 to learn about your options.

In case you’ve missed it, John Oliver continues setting aside at least half of each episode ofLast Week Tonight as a time to educate viewers about important topics they won’t hear much about elsewhere. HBO continues being cool by putting these 15-plus–minute segments on YouTube for everyone who might not have HBO.

For his latest lesson, Oliver spends 14 minutes explaining payday loans and then shutting the concept down completely, based on everything from the loan companies’ terrible names and celebrity spokespersons to the way that they ruin customers’ lives with their bad practices. He then turns it over to his own celebrity spokesperson, Sarah Silverman. Watch the entire thing below.

Every week, Last Week Tonight, takes one particular issue to task for a longer segment. On Sunday, John Oliver enlists Sarah Silverman to explain how payday loan companies are not our friends. There are currently more payday loan stores (which does not mean paying for a loan in Payday candy bars) in American than McDonalds or Starbucks, and they are sadly not going anywhere. Watch Silverman star in Oliver’s counter-campaign for a payday loan alternative called, “Anything Else.”

Here’s a clip from last night’s Last Week Tonight, in which John Oliver breaks down the corrupt payday loan industry — or as he describes it, the “recycling symbol of human misery” — with a little help from Sarah Silverman in the form of a counter campaign ad.